Risk Score
Pending analysis
Investment Range
$102,100 - $346,600
Franchise Fee
$49,500
Total US Locations
2
Business Summary
Skedaddle is a business that provides humane wildlife control services, including available supplemental services such as pest control, attic restoration, and holiday lighting, along with related services and products. Skedaddle uses a proprietary system that includes specific methods, procedures, designated products, supplies, and equipment. Franchisees may operate their administrative office from home, but are expected to lease a non-retail commercial facility as the business grows. All approved services and products are offered and provided on-site at customer locations within a designated operating territory using branded service vehicles.
Corporate History
Skedaddle Franchising LLC was established in Delaware on March 6, 2017, and began offering franchises in September 2017. Its parent company, Skedaddle Franchising Company Inc., was formed in Ontario, Canada, on February 1, 2013, and offers Skedaddle franchises in Canada. An affiliate, Humane Wildlife Control Inc., established in September 2005, operates a Skedaddle business in Canada similar to the franchised business.
Financial Overview
Investment Range
$102,100 - $346,600
Franchise Fee (Low)
$49,500
Franchise Fee (High)
$144,500
Royalty %
6.5%
Marketing %
0.5%
Equipment Costs (Low)
$6,000
Equipment Costs (High)
$12,000
Working Capital
$60,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Skedaddle Franchising LLC has consistently reported net losses for the fiscal years ending November 30, 2023, 2022, and 2021, with a net loss of $143,386 in 2023. The company also has a growing member's deficit, reaching $429,076 in 2023. Its current liabilities significantly exceed its current assets, indicating negative working capital. Skedaddle Franchising LLC relies on cash advances from its parent company, which totaled $470,424 in 2023 and are due on demand, suggesting a dependency on related party financing to cover operational expenses.
Financing Details
Skedaddle Franchising LLC does not offer any direct or indirect financing to franchisees. The franchisor also does not guarantee any notes, leases, or other financial obligations for its franchisees.
Performance Metrics
Total US Locations
2
Franchised Units
2
Corporate Units
0
Franchising Since
2017
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Skedaddle Franchising LLC has no litigation to report in Item 3 of its FDD.
Bankruptcy History
Skedaddle Franchising LLC has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their Skedaddle franchise, franchisees must be in compliance with the terms of their Franchise Agreement and all related agreements. They need to provide the franchisor with 180 days' written notice of their intent to renew, sign the then-current form of Franchise Agreement (which may contain materially different terms), sign a general release in favor of the franchisor, pay a renewal fee, and meet all other renewal requirements. Additionally, the franchisee's owners and their spouses must comply with their agreements and personally guarantee the terms of the new renewal Franchise Agreement.
Training & Support Program
Franchisor Assistance
Skedaddle provides pre-opening assistance, including granting the franchise, reviewing and approving the administrative office location (which can be home-based), providing access to confidential operations manuals, and supplying lists of approved vendors for equipment, furniture, and signs. The franchisor also identifies the franchisee's business on its website and provides initial training for the managing owner and one manager. Post-opening, Skedaddle offers ongoing consultations regarding operating standards, marketing standards and approval, and updates on approved vendors. The franchisor may also coordinate an annual system conference, offer supplemental training (for a fee), provide initial training for replacement managers (for a fee), and administer brand development funds and advertising cooperatives. Franchisees are required to use designated computer systems and business management software, and the franchisor provides support for these technologies.
Initial Training Hours
73
Training Location
Ancaster, Ontario
Ongoing Support
After opening, Skedaddle provides ongoing support through regular consultations and communications regarding system standards, procedures, and requirements. This includes updates on approved services, products, equipment, and suppliers, as well as marketing guidance and approval of marketing materials. The franchisor coordinates an annual system conference for franchisees and offers supplemental training if requested or required (for a fee). Skedaddle also provides initial training for replacement operating managers (for a fee) and administers system-wide marketing funds, including a Brand Development Fund and may establish Advertising Cooperatives.
Franchise Requirements
Ideal Candidate Profile
Skedaddle Franchising LLC is looking for franchisees whose Managing Owners are personally responsible for the daily management and supervision of the franchised business, dedicating their full-time efforts to its operation. Candidates must also satisfactorily complete the franchisor's initial training program and obtain all necessary licenses and permits to operate a Skedaddle business within their designated territory.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
full-time
Territory Type
Non-Exclusive
Staff Count
4
Territory Size Requirements
Skedaddle territories are defined as a geographic area encompassing approximately 500,000 people. Franchisees have the option to purchase additional territories, each also consisting of a geographic area with roughly 500,000 people, to expand their operating footprint.
Staffing Notes
Skedaddle franchisees are directly responsible for the management and supervision of their employees. This includes ensuring all staff wear proper uniforms and adhere to the system's standards for approved services and products. The Managing Owner is required to dedicate full-time efforts to the daily operation of the business. Franchisees may hire an Operating Manager, who must meet the franchisor's standards, complete initial training, and sign confidentiality and non-competition agreements to assume on-site management duties.